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Thursday, 09 April 2026
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Depreciation is

Depreciation is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cost of repairs incurred on a fixed asset
  • B A charge for the wear and tear of fixed assets
  • C The cost incurred on replacing a fixed asset
  • D Provision for loss of fixed asset
Correct Answer: Option B
Explanation:

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